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Construction PRO
REST refuses damages undertaking, loses APAC sale injunction bid
REST Nominees has lost an injunction bid barring the sale of the Dexus bloc of shares in Melbourne Airport's operator pending an appeal, after refusing to give an undertaking that it foot the entire damages bill if its challenge fails.
Construction PRO
Webuild loses bid to stay WHS prosecution over Snowy Hydro tunneling
Italian builder Webuild has lost its bid to permanently stay a SafeWork NSW prosecution over an 2022 incident while tunnelling for the Snowy Hydro expansion that allegedly gave rise to a risk of death or serious injury to two workers.
Fintech Bano to be kicked off Banking Circle platform over AML/CTF risks
A judge won't force alternative banking provider Banking Circle Australia to continue providing services to fintech Bano, finding the platform faced a real risk of breaching anti-money laundering and counterterrorism financing laws if the relationship continued.
Construction PRO
Dexus panned by judge for dragging APAC’s ‘cast of thousands’ to court
Dexus' decision to resist an undertaking as part of a deal to temporarily block the compulsory sale of its shares in airport operator APAC has been criticised by a judge for resulting in an "appalling waste" of time and money.
Sunday pay rates class actions flag constitutional challenge over bill
Four class actions against retail and fast food giants in South Australia have foreshadowed a constitutional challenge against proposed legislation that would retrospectively strip workers of the right to earn Sunday pay rates.
Construction PRO
Tahmoor liquidators lose bid to disclaim Glencore royalties deed
The liquidators of the Tahmoor coal mine in NSW, formerly owned by Sanjeev Gupta’s GFG Alliance, have lost their bid to disclaim a royalties deed in favour of former owner Glencore, with a judge finding it was not an “unprofitable contract”.
Credit Suisse does ‘complete U-turn’ in $3B Greensill case, court told
Credit Suisse has dropped its claim for indemnity against insurance agent BCC under a trade credit policy issued prior to Greensill Capital’s collapse in 2021, with a judge hearing the admission marks a "complete u-turn in the case".
Class action law firm slams SA Sunday pay bill
A bill introduced by the South Australian government that would retrospectively strip workers of the right to earn Sundary penalty rates has been slammed by a law firm bringing class actions against retail and fast food giants.
Court finds Rex breached continuous disclosure rules, tosses case against directors
ASIC has won its case alleging Regional Express failed to correct an optimistic forecast before it entered administration last year, but failed to prove the company's optimism conveyed a "likelihood" or that three non-executive directors had actual knowledge of the collapsed budget airline's declining business. 
Applicants get ‘another bite of the cherry’ in discrimination case against Sydney Uni academics
A judge will hear an application to amend by the applicants in two discrimination cases against University of Sydney academics accused of making allegedly antisemitic statements, saying the issues in the pleading had to be ruled on.